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by government through fiscal policy was the real blow-up risk. so if you think of a couple places in the world that we were the most afraid of like europe, i think the actions of the ecb to at least defer the problems with the sovereigns and the bank issues in europe, if they use this time to fix the problems, we'll look back and think it's a good thing. if they deferred them, made them worse in the long term, we won't feel that way. i think something similar has happened in the united states whereby a lot of liquidity has been provided by the central bank. >> andrew, you have operations throughout all of the world. what's your sense of growth? there are troubling reports about growth slowing down which so far have been a very powerful lifeline for global growth as united states and europe weakened, particularly china where you do a lot of business. >> i don't think we're going have an '08/'09 scenario out there for the reasons lloyd was addressed. i do think the world since '08/'09 to now has not gotten to normal. of course, the obvious, which is consumption in the u.s., is not where it was.
because you're not giving back 35% to the government. when we lower marginal tax rates, we get more from the people output in the society. >> jonas, you believe we need tax increases in the long run, in the short run, what is going to get jobs. >> and there's nothing you can do to the tax code that isn't going to hurt the job market. >> lower the marginal rates. >> you say romney wants to lower the raets and remove the deduction, let's say he removes the mortgage deduction, home builder, you're going to hire more people, and if they remove it, hire more people, probably not. you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hiring somebody so could actually need to less hiring, a worker taxes goes up and pay them more to counter at that tax cost and your success level. and going to cut at your profit, it's not a cost of hiring. so it could in theory do mo
this is a roundtable. >> i know you did not know enough about government. >> may be in it -- instead of saying i am scared to face you, i am facing you right now. forward and we will see if there are more debate later on. >> the issue of government assistance and who pays for them and receive them. the city recorded a video at mitt romney -- the secret recorded video of mitt romney at a private fund-raiser. let's take a look. >> 47% -- >> in 2010, 38.5% of texans filing a retirement paid no income tax. there is no complete data on who get government assistance but last year, 24% of households get social security. almost 14% debt retirement income. 5% get disability benefits and almost 14%, food stamps. >> do you think east texans are victims of believe government has a responsibility to care for them? >> of course not. i agree with mitt romney when he said is, there were poorly phrased? there is a difference. part of the philosophy of president obama and this administration is trying to get as many americans as possible dependent on government so the democrats can stay in power in perpetuity. the r
government announced they were what began lowering their corporate tax rate because they have to come pete in the eu -- compete in the eu region. we have been stymied. this is part of it. today, we have a situation where 40-some provisions of the tax code expire at the end of this year. 60-some expired a year ago. he really did not even have a tax code in the country today. he talked about the uncertainty he mentioned. this is for medium-sized business. what are the roles? it is like we're playing with the replacement referees and the irs. tell us what the rules are. >> i hear them saying we should emulate the swedish model. -- i never thought i would hear you saying we should emulate the swedish model. >> or the french or the others. >> the insidious europeans. >> the point everyone is trying to make is that we created most of these problems for ourselves. we should not be discouraged by the opportunity to resolve these issues. we should not be sitting around crying in our soup. we have to get up and pick ourselves up. if we fix the tax code in this country and if we establish a clear pat
a small business. we have strayed far from the principles of limited government. our government taxes and spends out of control and our civil liberties are constantly under attack. we can fix it, but we need to get government back into its cage. >> our final opening statement is from jeff flake. >> good to be here. two days ago, cheryl and i received a wonderful phone call from my son ryan and forming as we are grandparents. aidan was born into a wonderful family, but he was born into $50,000 of debt. his share of the federal debt we all hold. that is why the stakes in this election are so high. we have to have somebody who understands fiscal discipline. that has been my record in the house of representatives, where i fought my own leadership on issues like earmarks. they punish me for it, but i kept at it and we do not have earmarks any more. that is the kind of attitude i will take to the united states senate. my opponent have a great rÉsume. but a great resume is not a plan. he has been running for a year now and we do not know where he stands on the major issues of the day. we ha
for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is to come and put the money in the communities. i went down there today and he did not say, thank you for coming. please take this money and bring it back to washington. he said, go back to washington and tell them they need a reality check. we are tired of the overspending and the taxing and taking more money out of the economy. there are real challenges here. i used to live here. i worked and i lived over there. i understand. many businesses are hurting right now. regulatory tax uncertainty is the biggest challenge they have. >> tomorrow will be the one- year anniversary of senator brown's first vote against 22,000 jobs here in massachusetts. i hope everybody who knows someone who is unemployed, every business who would like to see those paychecks to spend in their shops, will remember that. that is how we jump-start the economy. we get work that needs to be done, and we put people back to work. the bill would have cost millionaires
lose 35 jobs when it shuts down. you lose jobs let schools and at local government. that is the real cost of what his policies are bringing out by supporting bureaucrats in washington. one neighbor at a time, you've got two avenues to take. one is a government solution of believes government can bring you a job. and me, who believes we can revitalize and reenergize and renew the enthusiasm for montana if we can get government out of the way in our regulatory policy and in our industries. it is not just the businesses that will turn things around. it is those who will -- to work for those businesses who will help to create better opportunities for ourselves, our children, our businesses. i look people in the eye as i travel a run montana and i do not see statistics. we do not necessarily want to talk about the unemployment rate statewide. there are 56 counties with 56 cultures and histories and their own desire for their own future. and in liberty county and might be agriculture. in lincoln county might be timber. in eastern montana it might be oil and gas and coal. i want to get gove
something else for us which is to go to checklist of questions to do with for instance, government strategies, the presidential succession and so. so i'm going to deal with that first. one of the facts about algeria that is always to be borne in mind is that, of course, is an oligarchy, which means that it's the political problem of voucher is quite unlike tunisia around ben ali or egypt under a site. at an underbelly -- oligarchy which gives it a great deal of flex builder which gives it a range determined by the oligarchies own repertoire. i want to put the word repertoire after because i think the crucial problem of algeria, the absence of disciple change arises out of the limitations of the repertoires of the regime and of the opposition. i'm going to focus on the opposition in a moment. government strategy has been a sophisticated strategy involving at least five different elements. it's done a lot of flying off of discontent since the rights of january 2011. quite spectacular pay rises, virtually everybody demanded him and everybody did demand them. is allocated a lot of mone
that we cannot afford to sacrifice accuracy to speed and of course our government is sparing no effort tracking down the terrorists who perpetrated this attack. and we are focused as we must on what needs to be done to protect our people and our facilities. we had another terrible attack yesterday. i strongly condemn the killing of a long time yemeni employee at our embassy. we are working with yemeni authorities to investigate this and bring those responsible to justice as well but throughout all of this we must not only focus on the headlines. we have to keep in mind the trend lines and remain focused on the broader strategic question posed by democratic transitions and their impact on american interests and values. let me start by stating the obvious. nobody should have ever thought this would be an easy road. i certainly didn't. however, it is important to look at the full picture, to wave of violent acts of a small number of extremists against the aspirations and actions of the region's people and government. that broader view supports rather than discredits the promise of the ara
the power of the government, they have their own laws and's what they follow. and we have no interference in that. the government has paved wait four the highest form of freedom of most people. you see people criticize, people sometimes trespass the border lines of proper as a president, i'm not middle of the people of iran, without drawing any borders, without drawing any reed red lines, we converse. >> right, but this isn't just any protester, this could be your daughter in the future. she is daughter of your predecessors, the president. it's a fairly significant moment that she has been imprisoned. do you feel uncomfortable that this lady is in jail? >> let's separate the two argument, the two topics. happy this anyone is going to prize in? no. never. no one should go to prison, but also keep in mind that in any country, every one must be treated equally under the laws. no one must have -- or must receive special treatment because of having been a part of the power structure, regardless of whether the action taken resulted in imprisonment is right or wrong. i'm not a judge of that. >>
a number of years in the spanish government from 1977 to 82. he was an active participant in the negotiations for spanish entry to what is now the european union, the european economic community. he also participated in a number of spanish negotiation then they got, not wto and with the european union and spain a century into the union after democracy was restored in spain and spain was welcomed into the european community process. in the last year at this government coming was minister of the presidency, played a very essential role in the entire spanish government situation. shortly after he joined banco santander and has now been there for over 20 years. he is now vice-chairman of the bank, member of the board, also member of the board of banesto, banco santander in portugal, a member of the board of a number of other financial companies in the group and is president of the print of the foundation and spain. i think we are uniquely privileged data to have a speaker from banco santander with its unique ability to see both the spanish situation, the overall banking situat
holder today praised the libyan government's response. it's a challenging environment in which to operate but i think we have done pretty well given the circumstances in which we find ourselves and we found ourselves able to move about and do the things that we have wanted to do because of the assistance we've gotten from the libyan government as well as from some of our other allies >> sreenivasan: a u.s. house committee holds a hearing tomorrow on the consulate attack. in pakistan, a taliban gunman shot and wounded a 14-year-old activist known for promoting girls' education. malala yousufzai was hit in the head and neck during the attack in the swat valley region. doctors said the wounds were not life-threatening. yousufzai spoke out on girls' education at a u.n. children's assembly last year. the taliban called her work "an obscenity" in a statement claiming responsibility for the attack. one out of every eight people on earth is going hungry, according to a u.n. report today. that comes to 870 million people, but it's far below the figure of one billion announced in 2009. the u.n. foo
wood told the house of representatives oversight and government reform committee, get this, the consulate in benghazi never had the forces it needed to protect itself. never. >> the security in benghazi was a struggle and remained a struggle through my time there. the situation remained uncertain and reports from some libyans indicated it was getting worse. diplomat security remains weak. in april there was only one u.s. diplomatic security agent stationed there. they struggled to obtain additional personnel but was never able to attain the numbers he felt comfortable with. >>shepard: a former state department regional security officer in libya testified, as well. here is what he said, that the united states could not count on lib jab security forces to help with security adequately. >> the libyan temporary government was unable to extend security assets to diplomatic missions in the ways we are expecting to see around the world. we could not rely on the libyan government for security, intelligence, and law enforcement help to identify emerging threats or to ask them for as
as a nonpartisan mayor here in richmond and second as a governor in a republican house. i governed in the most difficult economy since the 1930s, but we were the best managed state in america, governing magazine, the best state for business all four years i was governor, forbes magazine, and the best place to raise a child. education week. those weren't tim kaine accolades, they were things we did working together. and in the last year as governor when the president i asked to serve as dnc chair, i think i had my best year. we got smoking banned all three publications that ranked states ranked virginia the best state for business in the united states. we saw huge improvements in infant mortality and our foster carey form effort, achieved success in open space preservation and recruited numerous businesses in the heart of the recession to come to virginia, rolls-royce to opening a manufacturing facility, faic hilton and at the end of my administration, northrop grum mond decided to move from california here. virginians care about results and we got results working together. >> mr. allen? >> tim
enduring presence will be, and we're working on that right now both internal to our government, but also with our nato allies. so we're trying to determine based on the agreements made in lisbon and then reinforced in chicago about what this long-term commitment will be, and it's scoped against several missions, one of which is counterterror, another of which is continuing to train and advise at some level. another is to enable other agencies of government to do their job in afghanistan. and so as we determine how to, what we'll need to accomplish those missions based on the growth of the afghan security forces, sometime early in 2013 we'll come up with a number that will define our enduring presence. and then we'll take what we have there now, which is 68,000 u.s. and about 30, 34,000 coalition partners, and we'll establish a glide slope to get from where we are to where we're going to be. and the important point is that in that question is i want to reinforce that our objectives remain both sound and achievable. as for the insider threat, as i mentioned in my prepared remarks, the insi
. and of course our government is sparing no effort in tracking down the terrorists who perpetrated this attack. and we are focused, as we must, on what more needs to be done right now to protect our people and our facilities. we had another terrible attack yesterday. i strongly condemn the killing of a long time yemeni employees at our embassy in sanaa and we are working with yemeni authorities to investigate this attack and to bring those responsible to justice as well. but throughout all of this, we must not only focus on the headlines, we have to keep in mind the trend lines. we have to remain focused on the broader strategic question posed by these democratic transitions and their impact on american interests and values. let me start by stating the obvious. nobody should have ever thought this would be an easy road. i certainly didn't. however, it is important to look at the full picture, to weigh the violent acts of a small number of extremists against the aspirations and actions of the region's people and government. that broader view supports, rather than discredits, the promise of the
around the world. we could not rely on the libyan government for security, inlligence, and law enforcement help to identify emerging threats or to ask them rise itin tohecotern a private interview, that a state department official who oversees diplomatic security wanted to keep the number of "aicyoty personnel in benghazi dahege the mmeecg om missions around the globe and a constant struggle. >> i worked closely with more than 275 facilities around the world determining the right it itee agogriorch o. evolving process that i appreciate and understand from my own time on the ground a a diplomatic security for. >>shepard: she testified that she has never visited lya. stdemeeld pon t ak le baorstsdhree others. the officials say they never concluded that the attack grew from a protest. never. no protest over a low-budget anti-islam video. you mayeca te unedta ss tthit onfll ple s ,nily cme loudly and over and over and over and over again that extremists hijacked protests over the video. there were no protests. the state departments coming thosssas wee f cag wendell is at the white
government. our government taxes and spends out of control and our civil liberties are constantly under attack. we can fix it, but we need to get government back into its cagae. >> our final opening statement is from jeff flake. >> good to be here. two days ago, cheryl and i received a wonderful phone call from my son syan and forming as we are grandparents. aidan was born into a wonderful family, but he was born into $50,000 of debt. his share of the federal debt we all hold. that is why the stakes in this election are so high. we have to have somebody who understands fiscal discipline. that has been my record in the house of representatives, where i fought my own leadership on issues like earmarks. they punish me for it, but i kept at it and we do not have earmarks any more. that is the kind of attitude i will take to the united states senate. my opponent have a great rÉsume a. but a great resonate is not a plan. he has been running for a year now and we do not know where he stands on the major issues of the day. we have a choice in this election. we can elect somebody who does not h
hollywood, big government, big journalism, and big peace, p, e, a, c, e. he became a big player what is come to be called the new media including work as editor on "the drudge report" website and yes the "huffington post". bull buckley didn't dwell in the past but he believed we should and could learn from it. he was fascinated by the rise of the new media and encouraged conservatives to become involved in it as he had in the old media. he didn't live to see it come to full fruition and andrew left us too soon for him to become a greater influence than he already has. a tribute to him that his web sites and work endure. it is my pleasure as the winner of last year's william f. buckley, jr., award to present this year's award posthumously to andrew breitbart. may he rest in peace. [applause] may he rest in peace and may his legacy live on. accepting the award is oars son dean, susie's father and with him is alley mills dean. ♪ . >> thank you. thank you very much. thank you. thank you. you may remember me. i formally went on the screen, under the name of irene dunne. at my age i have some fr
are approached or anything happens in your professional lives with the united states government that you have any questions about, please come to this committee. we take the work of whistle- blowers and people who give testimony very seriously. you have been critical to bring out things which would not have -- which would not have come out to. i will close with two comments. that i took away from today. he did not produce security at -- you do not reduce security at the -- the same time as you are increasing hazardous duty pay. it does not make sense. i have not heard that question asked and answered. i only heard that it occurred. i think the state department to take away from today and understanding that that sends a message that says, we will pay you for the risk. we will not pay to have you made safer. that is the impression that anyone would get if you reduce the staffing below recommendations or request an increase the pay. i do not think the men and women who service overseas want. i know the compensation for hardship is important, but safety comes first. i have the marine fellow who work
with the afghan government, which will keep american soldiers in afghanistan until 2024. do you have a sense of what the minimum number of soldiers should be going forward? >> let me clarify a couple of things. there are more than a few former administration folks here who will say that was not the total point man on afghanistan. i was involved, but share the credit with many, many others who probably had more input than i did. the first point i'd like to make about afghanistan and the big difference between a strong and mr. obama is that mr. obama set a deadline, creed, full stop. i was in kabul december 2009 when mr. obama made that speech. and i was talking to isaf people, the people from international force, you know, people who are out there getting shot at from other countries, not just our own. to a man and a woman, there were a lot of women there, they all, almost took no notice of the surge statement. what they noticed was the deadline. what our pakistani friends have noticed is the deadline. what the taliban has noted is the deadline. and everybody is playing to that deadline. incl
on them by the government. >> he estimates the fact that as governor in eliminated the estate tax and took more than 100,000 low income virginians of the income tax rolls. i just thought i would correct him there. george and i have very different strategies. this is one of the most important programs that has ever been done by the government. more than 50% of american seniors have retired into poverty before it was passed. thank you we have -- thank god we have those days behind us. that would've been a huge catastrophe prior to the collapse in washington. what i would do is allow the payroll tax of words as a way of protecting the solvency of the program. on medicare, george allen supports the ryan budget that would turn medicare into a voucher program and push costs onto the seniors. i propose a senior savings costs, for example ending the prescription -- that we get. that would save us without jeopardize in the benefit of all. >> mr. allen, to ask both of you to take one minute to respond to tim kaine's assocation about medicare and to support the ryan budget? >> what i support is prese
. we need to take a very different way of looking at how the federal government spends money. i support a moratorium on your marks because it had gotten out of control before it to congress. but that's the beginning slice of a much bigger question about how we bring down the size of the federal government. i have called for a 1% reduction in overall discretionary spending. i have called for a balanced approach on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction
they wish it were more. one caller said i want signal government their options for everybody. there are different reasons. but it is starting to be on an upward tick. host: thank you very much. thank you for being with us. guest: thank you for having me. host: that does it for today. back tomorrow at 7:00 a.m. eastern. with more of your questions and answers. we will ticker now to the bipartisan policy center here in washington. >> this is the bipartisan policy center in washington. we are here to bring in a discussion on the center's task force. about the a report call effects of a nuclear iran. charles robb will be speaking. charles robb is at the podium. live coverage on c-span. >>. good morning. thank you for coming. welcome to the roll out of the price of inaction, analysis of energy and economic effects of a nuclear iran. let me begin with an apology if i met. to have a board meeting in chantilly, virginia this morning in which transformational decisions will be made. and i am also and investor, so i have a more than passing interest and will not be able to remain for t
to suggest that the government didn't know what it was doing and could have saved the lives of those men? >> well, ashleigh, it depends who you ask. if you ask democrats, it's the former. this is a political stunt to damage president obama just weeks before the election. but the republican chair of the committee, daniel issa, is saying listen, something went wrong, we need to get to the bottom of this. and indeed you're going to hear today from senior security officials that were posted in benghazi in months leading up to the attack, not on the day of the attack, posted in libya that say, look, we did send messages to the state department asking for additional secity, asking for security teams that were on the ground to be extended beyond their mandate over the summer. and so these requests were apparently either denied or not responded to. and so you'll hear from these security officials, and you'll hear from charlene lamb, a deputy assistant secretary who a lot of these requests went to. and i think a lot of people are wondering why she didn't respond to them, why, perhaps, she denied
is rising distrust of the government. today, the numbers in our government labored upon the report created suspicion, uncertainty, and a new dimension of mistrust. weekly jobless claims came in with low expectations the president once again asserting that the tax code is designed. in other words from the man was shot in the head and neck if he commuted to work in yemen. we will have the latest developments tonight. the latest in a series of incredible statements by stephanie cutter. touching on the tragedy in benghazi. carter's rationale for why the murder of our ambassador and three other americans has become the subject. >> in terms of the politicization of this, we are in the debate. but the entire reason, it is because of mitt romney and paul ryan. it is reckless and irresponsible lou: politics, terrorism, the economy, we cover it all with a host of experts and inside analysts. republican national committee chairman reince priebus joins us, white house chief of staff, john sununu joins me and political insiders, chris stirewalt, taking a look at the polls and analyzing the importance o
. pee government waste... call our hotline... 410-662-1456 or go to foxbaltimoreedot comm the... political... war of wwrds... over... expanned gambling.../ continuuss.. to... bills."commercial nats" pats"supporters... and opponentss.. of... "questioo seven"... spent... mooe than 35-million dolllrs...///. penn national... spent 18-million.../ mostly.... .urging... ls../ - marylanders... to... vote "no"... on... seven..../ penn national... pasino... in... - weet virginia.../ &p and... rosecrof raceway ...in p.g. county. (bailey) "we believe the deck issstacked against us as the voters nd so we believe f - voters need to say no or we're asking voterr vote no and return the legislatoos to the drawingssboard." board."m.ggm....has already spent nearly18-milliin how are the roads looking tonig? tonight?brandi proctor has our traffic edge reporr. report. map395er695 @140mapi-83 @shawan pcity prosecutors decide not to charge an officer suspected of hheping to cover up the ssooting of a child. chill. new at :30 what mayyr rawwi
daily sacrifice to protect our government. but the government accountability board said the problem is isolate they have done their best to fix it >> 26 of the 851 local clerks who missed the deadline and we have a number of redundancies in the system. they got it in a timely manner and so they can mark it to get it counted. >> gab said electronic ballots cut transmission time in half and in most cases ballots are delivered . now the responsibility rests with a voters to get the ballot sent in on time . the lieutenant governor who was on "fox and friends" this morning is very worried. >> it is unacceptable that our military men and women, who allow us to sleep peacefully with our little kids at home and at night might be denied the opportunity to choose their next commander-in-chief. >> mitt romney campaign might fall suits elsewhere. nothin is imminent but we are monitoring other states and seriously considering filing a suit in vermont but the department of the justice filed their own suit. but there is only 24 days until the election and not much time to get it settled. >> not mu
and said your government lied to you. the reaction from the left was swift and brutal. accusing me of playing loose with the facts and of politicizing a a tragedy. i said then and i continue to say our government has lied to us and has engaged in a systematic and deliberate coverup. while i do have friends in the intelligence community and military it wasn't those relationships that gave that thought to me. that just confirmed what was obvious to everyone. well, everyone except the obama administration which continued to embare ras itself by trotting out people to maybe the ridiculous assert, that the attacks were some spontaneous reaction to a poorly made 13 minute video about muhammad. this past week congressional hearings with witnesses under oath established there was is no mob in benghazi. it was a carefullily planned and executed terrorist attack and that our personal in libya had repeatedly begged pore more security and reported more than 230 specific security issues. the ambassador himself requested more security. those pleas were ignored. we have a clear picture of what ha
paribas is caution on government data on workers. poor quality there. jpmorgan chase dan silver, we think it was california. he still doesn't know. etf digest, watch what those guys say. early rally an incomplete info which became undone. wasted buying power. a lot of high level of noise wall street analysts are warning about in the jobs data. you will see gold selling off on positive news thinking the fed will pull back. it will roil the markets going forward until we get some more clearance. wall street again, there is confusion down there. if they're confused, watch out viewer. lori: elizabeth, thanks so much. >> sure. lori: i'm even more confused. melissa: our next guest called yesterday's labor department data completely worthless. stephen stanley, chief economist at peer point securities and he joins us now. i find these surveys really frustrating because the methodology is so completely different. it isn't even a partisan matter. i studied economics in college. the way they gather data is so different and come out with so different answers. is there a better way to do this? >> this
to ensure that yes come the government is very much pro-life and that it would support legislation that would restrict abortion. this has all open up a bunch of new questions, some of which make them up at tonighttomorrow night's presidential debate and could come up in the second one. we are following this and we will see where it goes. jenna: it might be interesting if it comes up in the townhall today. we will be watching for that as well. reporter: it could be, maybe someone will bring up. we appreciated it always. you never know really what questions will be asked and it really does show the priority of voters in what questions and issues they want the candidates to address. jon: also interesting to hear what chris christie might say. we are continuing to monitor the next presidential debate. my next guest says that the president's performance in denver forced a major strategy change for the obama party. charlie gasparino joins us live. you are talking about the four letter word liar, right? reporter: everyone across the spectrum, even msnbc determined that barack obama had cl
this can happen if the make of government on november 7 is the same as it is today? >> no. i think will happen for another reason. i think first of all when people figure out there's a big chunk of change, and second of all when you have the debate between the people trying to protect entitlement, and the people trying to kill energy, who are you betting on? >> in california they're saying just allow the winter fuel blend is not early is going to save, make as much as 50 cents a gallon, they've been paying over $5 a gallon in california, and california has created -- [inaudible] >> california is america if we don't change. that's a scary thought. you can see the future, just look to california. it should scare everybody in america. no one would want to go the. part of the answer of california is to stop trying to be the federal government. they can save a lot of money if they pull back from the own agencies and own regulations. but i do think we have this opportunity, to tom's point on this leg of the school got it all fits on a growth like if you will. because i think that we woul
years, we have had revenues coming into the federal government at a level around 15% of gdp. that is a 60-year low. since 1960, we have never had a balanced budget in a year when revenues were less than 18% of gdp. in 2001, the last year we had a surplus, revenues were at 19.5% of gdp. we have a revenue problem. we need tax reform to solve it. some on the left have suggested corporate tax reform could be a source for new revenue but here i disagree. to preserve our international competitiveness, it is imperative we seek to reduce the corporate rate from 35% and do it on a revenue-neutral basis. this will boost growth and encourage more companies to reinvest in the united states. corporate tax reform, under the leadership of chairman baucus senator hatch should be treated separately from our attempt to get a handle on the deficit. but when it comes to the individual side of the code, our approach must be different. in this part of reform, the new money we collect from broadening the tax base cannot all be applied to prepare -- to reducing rates or else we will not get enough
government, but hesitated to make decisions and were forced to rely upon local and tribal militias of varying degrees of loyalty. in late spring, the police were allowed to return to work to help with traffic, but were limited to that only. fighting between militias was common. militias separated -- they appeared to be disintegrating into freelance criminal operations. targeted attacks against westerners were increasing. in june, the ambassador received a threat on facebook with a public announcement he would like to run around the embassy compound in tripoli. when i arrived in february, three teams were on the ground. ambassador katz was forced -- lost one of his teams. the ambassador struggled with renewing the sst beyond april 5. that is ambassador stevens. the second msd team was withdrawn after the departure of critz. restricted from performing security work only and limited only to train local guard force members in july. the remaining msd was withdrawn at the same time the sst was terminated. the security in benghazi was a struggle and remained a struggle throughout my time there. the
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